H&M Vigorously Expand The Electricity Supplier Market Overseas

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Net Xiaobian to introduce the H&M expansion of the electricity supplier map 2015 new on-line 8 national electricity supplier website.

Yesterday, H&M Hennes & Mauritz AB (HMb.ST) issued a notice announcing the expansion of its e-commerce layout. In 2015, e-commerce websites such as Belgium, Bulgaria, Czech, Hungary, Poland, Portugal, Romania, Slovakia and other 8 markets will be launched online. Besides, the group also said

Next year, it will enter four new markets in India, Peru, South Africa and Taiwan.

H&M e-commerce website is launched in 13 countries, including China's e-commerce website just launched in September.

H&M Hennes & Mauritz AB said in the three quarter earnings report that China's e-commerce website grew rapidly. For rival Zara landing in Alibaba group's Tmall in October, H&M group chief executive Karl-Johan Persson said H&M might also take the road, but will focus on the brand's own channels for the time being.

In addition to the Chinese market,

E-commerce websites also landed in France, Italy and Spain.

As for the sales and profitability of e-commerce business, H&M Hennes & Mauritz AB has never been disclosed in the earnings report, and the industry generally considers it to be an investment stage.